State Codes and Statutes

Statutes > Louisiana > Rs > Title9 > Rs9-2204

§2204.  Liability of successor trustee

A trustee shall not be liable to a beneficiary for a breach of trust committed by a predecessor trustee, unless he:

(1)  Knows or should know of a situation constituting a breach of trust committed by his predecessor and improperly permits it to continue; or

(2)  Neglects to take proper steps to compel the predecessor to deliver the trust property to him; or

(3)  Neglects to take proper steps to redress a breach of trust committed by the predecessor.  

State Codes and Statutes

Statutes > Louisiana > Rs > Title9 > Rs9-2204

§2204.  Liability of successor trustee

A trustee shall not be liable to a beneficiary for a breach of trust committed by a predecessor trustee, unless he:

(1)  Knows or should know of a situation constituting a breach of trust committed by his predecessor and improperly permits it to continue; or

(2)  Neglects to take proper steps to compel the predecessor to deliver the trust property to him; or

(3)  Neglects to take proper steps to redress a breach of trust committed by the predecessor.  


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Rs > Title9 > Rs9-2204

§2204.  Liability of successor trustee

A trustee shall not be liable to a beneficiary for a breach of trust committed by a predecessor trustee, unless he:

(1)  Knows or should know of a situation constituting a breach of trust committed by his predecessor and improperly permits it to continue; or

(2)  Neglects to take proper steps to compel the predecessor to deliver the trust property to him; or

(3)  Neglects to take proper steps to redress a breach of trust committed by the predecessor.